How Much Do Heat Pumps Cost?

When shopping for a ductless or ducted heat pump in Halifax there is quite a spread of prices between contractors. Why is there such a variance in pricing? What brand should you get, and how much should you expect to pay? We’ll answer these three questions in this article.

The exact cost of a heat pump varies based on:

The size (in BTU’s) of unit you need

The number of indoor heads required

The brand and efficiency of the machine

We are a proud Comfort Pro Daikin dealer, so our primary brand of machine we supply and install is Daikin. Daikin offers some of the best efficiencies on the market and the longest warranty of any manufacturer.

For the purpose of this article, we’ll discuss the cost of a Daikin single zone, dual zone, and central ducted heat pump. For each style of unit, we’ll offer a price range.

Why a range?

Because every home is different and the complexity of install varies. We do provide firm quotes for install but require a short 20-30 minute visit to your home to inspect your layout, electrical panel and exterior of the home. You can book an appointment with us by calling 902-832-1067 or submitting the form on this page.

Single Zone Ductless Heat Pumps

If you are shopping for a heat pump to heat and cool one main area or room of your home then you’re looking for a single zone machine. A single zone is one outdoor unit matched to one indoor unit.

Costs to supply and install a 12,000 BTU Daikin heat pump ranges from $3,500 to $3,800.

Dual Zone Ductless Heat Pumps

If you have more than one level or area of the home you want to heat and cool then you’re looking for a dual zone heat pump machine.

A dual zone is one outdoor unit with two indoor heads installed in different areas of the home. An example might be one unit on the main floor and another in the rec room downstairs.

This equipment is more expensive than a single zone heat pump, but if you require two indoor heads it is better value to purchase a multi-zone machine rather than multiple single zone heat pumps.

Sizing for dual zone systems varies between 18,000 and 24,000 BTU’s. The exact size required in your home varies based on the square footage and layout of the home. We can determine the exact size after a short visit.

Costs to supply and install a dual zone Daikin heat pump range from $6,000 to $8,000

Central Ducted Heat Pumps

Ducted heat pumps use ductwork throughout the home to spread heating and cooling to all rooms. They are most popular with homes that currently have a hot air furnace or are a brand new build where ductwork can be installed properly from scratch.

There are a variety of sizes for centrally ducted machines ranging from 24,000 BTU up to 60,000 BTU. The size required varies based on the total living area square footage as well as the size of ductwork in the home.

There are two ways to add a ducted heat pump to your current home if retrofitting.

You can either add a heat pump to your current hot air furnace, if it is still in good shape, or you can totally replace the furnace with a heat pump and electric backup system if it is on its last legs.

The cost to install an add-on system to your current furnace starts around $6,000. As mentioned the price varies based on the required size as well as the condition and size of your current ductwork.

Financing and Rebates Available

Currently, Nova Scotia homeowners have two great programs to help make the purchase of a heat pump a little easier.

The first is Nova Scotia Power (NSP) on bill financing program. You can finance your new heat pump for up to 10 years directly on your NSP bill. The financing rates are competitive and the application process is simple.

Book an appointment with Presidential Ventilation and we will provide you with the required application form along with a detailed quote for the job.

The second program is the Efficiency Nova Scotia Green Heat program. This is available for both electric and oil heated homes. This program offers $200.00 or more off the purchase of a mini-split heat pump and $400 per tonne based on the size of unit when purchasing a central ducted heat pump.

You must pre-apply for this rebate and ensure you’re purchasing one of the cold climate heat pump models Efficiency Nova Scotia has approved.

To get started with the rebate first contact us to arrange for an estimate appointment. You can then apply to the rebate program using this quote for a cold climate heat pump.